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Disallowance of Commission Expenditure

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....isallowance of Commission Expenditure<br> Query (Issue) Started By: - RAVI SONI Dated:- 26-5-2015 Last Reply Date:- 29-5-2015 Income Tax<br>Got 2 Replies<br>Income Tax<br>M/A XYZ & Co. is a seller and....

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.... M/S DEF & Co. is a purchaser and Mr. A is acting as a middleman / commission agent on behalf of M/S XYZ & Co. ,during scrutiny proceedings the A O disallowed expenditure on commission on the basis th....

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....at the purchaser party deny to recognize any middleman / commission agent during the course of transaction of purchase of goods from M/S XYZ & Co. However when notices was send to Mr. A he confirmed ....

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....to A O that he acted as a commission agent, still the A O disallowed all the commission expenditure just because M/S DEF & Co. i. e. the purchaser party issued a negative reply that no commission agen....

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....t was involved. In this regard I want to know that on what basis I can get relief from CIT Appeal. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Please send the copy of the order of AO to my email i....

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....d govind.ayyan@gmail.com for giving further advice. Reply By Ashok Patil: The Reply: Submit the documentary evidences that Mr. A has offered the income earned i.e. commission to tax in his return of....

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.... income.<br> Discussion Forum - Knowledge Sharing ....